Ambient Assisted Living Global Market, Increasing Safety and Security Concerns, By 2027 with a Growing CAGR; Asserts MRFR

Pune, India, January 2018 /MRFR Press Release/- Market Research Future published a Half Cooked research report on “Global Ambient Assisted Living Market Research Report - Forecast to 2027”  – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027 

Assisted Living Technologies, Inc. (U.S.), Honeywell International, Inc. (U.S.), Siemens AG (Germany), Ingersoll Rand Plc. (Ireland), Legrand SA (France), ABB Group (Switzerland), Tunstall Healthcare Ltd. (U.K.), Chubb Community Care (U.K.), Televic N.V. (Belgium), Telbios (Italy) are some of the prominent players at the forefront of competition in the Global  Ambient Assisted Living (FPGA) Market and are profiled in MRFR Analysis.

 Ambient Assisted Living Global Market   - Overview

Ambient Assisted Living refers to the highly advanced system for assistance to old people or physically disabled people who choose to live independently. This system provide assistance for better, safer and healthier life in the preferred environment. In the last few decades, ambient assisted living market has grown rapidly. According to a recent study report published by the Market Research Future, The global market of Ambient Assisted Living is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2027).

The factors such as increasing safety and security concerns, rising demands for energy savings, and low carbon emission-oriented solutions along with the interplay of wireless technology, mobility, IoT, and digital living are expected to drive the smart home market. Aging population is increasing in many developed countries, thus creating the demand for assisted living products.

It has been observed that security and access control is expected to hold the largest share and lead the smart home market, due to increase in the crime rate, remote monitoring mobile devices, and growing consumer awareness. Energy management systems and security & access control markets are expected to grow at high growth rates.

Access Complete Report @ https://www.marketresearchfuture.com/reports/ambient-assisted-living-market-1015

 Industry News

June 2016- Tunstall Healthcare Ltd announced that National charity Hft is using Tunstall connected care solutions for enhancing the peoples living with learning disabilities.

April 2016- Assisted Living Technologies, Inc. announced the collaboration with Connecticut Association for providing healthcare services at home.

Ambient Assisted Living Global Market   - Competitive Analysis

The market of Ambient Assisted Living appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

 Ambient Assisted Living Global Market   - Segmentation

The Ambient Assisted Living Market can be classified into 4 key segments for the convenience of the report and enhanced understanding;

Segmentation by Management System: Comprises Safety & Security Systems, Communication System, Medical Assistance system, Power Management System, Entertainment, among others.

Segmentation by Sensor: Comprises Temperature sensor, Occupancy Sensor and others.

Segmentation by Service:  Comprises Installation & Repair and Customization & Renovation

Segmentation by Protocol & Standard:  Comprises Digital Addressable Lighting Interface KNX, Lonworks, Modbus, National electrical manufacturers association’s digital lighting controls open protocol, Power Line Communication and X10

Segmentation by Product:  Energy Management Systems, Security & Access Control, HVAC Control, Entertainment Control and Others

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

 Ambient Assisted Living Global Market -

Regional Analysis

The Global Ambient Assisted Living market is divided into four regions, namely North America, Asia Pacific Europe and the Middle East and Africa (MEA).  North America is dominating the market of Ambient Assisted Living. A study shows that in the year 2012, the United States has more than 22,000 Ambient Assisted Living facilities which were accommodating more than 700 thousand people. This feature has grown since the year 2000 and is expected to grow further in the coming years. Asia Pacific market offers potential growth opportunities because of rapid technological advancements and construction activities observed in the APAC region.